Lemon Tree Hotels IPO GMP History
Lemon Tree Hotels IPO has been listed on April 9, 2018 at a listing price of ₹61.6, against the issue price of ₹56 — a gain of ₹5.6 (+10%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Lemon Tree Hotels IPO raised ₹1038.68 Cr. through its IPO at a price band of ₹54 to ₹56 per share, with a lot size of 265 shares. The IPO was open for subscription from 26 Mar 2018 to 28 Mar 2018.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 12 Nov, 3:11 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| No GMP history available yet. | |||||
Lemon Tree Hotels IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 26 Mar 2018
- Close 28 Mar 2018
- Allotment 04 Apr 2018
- Refund/credit 05 Apr 2018
- Listing 09 Apr 2018
Lemon Tree Hotels IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹56 |
|---|---|
| Listing gain / loss | +₹5.6 per share |
| Listing date | 09 Apr, 2018 |
| Actual listing price | ₹61.6 (+10%) |
Is Lemon Tree Hotels IPO GMP reliable?
Grey market premium for Lemon Tree Hotels IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Lemon Tree Hotels IPO full review for a fundamentals-based assessment before making any grey market trades.
Lemon Tree Hotels IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Lemon Tree Hotels IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Lemon Tree Hotels IPO
Lemon Tree Hotels Limited is a Delhi based hotel company. Its promoters are Patanjali Govind Keswani and his holding company.
It was India's largest hotel chain in the mid priced sector, and the third largest overall, by controlling interest in owned and leased rooms as of 30 June 2017.
Its hotels are located across India, including NCR, Bengaluru, Hyderabad and Chennai.
The IPO was Rs 1,038.68 crore and was entirely an offer for sale by investors at Rs 56, the top of the Rs 54 to Rs 56 band, so the company received no money.
Frequently asked
What is the GMP of Lemon Tree Hotels IPO?
The current Grey Market Premium (GMP) of Lemon Tree Hotels IPO is not yet started or active in the market.
What is the Kostak Price of Lemon Tree Hotels IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Lemon Tree Hotels IPO is not available.
What is the Subject to Sauda Price of Lemon Tree Hotels IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Lemon Tree Hotels IPO?
Lemon Tree Hotels IPO listed on April 9, 2018 at ₹61.6, against the issue price of ₹56 — a gain of +10%.
How did the GMP of Lemon Tree Hotels IPO trend before listing?
The GMP of Lemon Tree Hotels IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Lemon Tree Hotels IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
